Lithia Motors (LAD) Tops Q2 EPS by 23c; Guides Q3, FY15 EPS
Get Alerts LAD Hot Sheet
Price: $264.39 +1.35%
EPS Growth %: -6.3%
Financial Fact:
Gross profit: 337.26M
Today's EPS Names:
SFST, VLTO, CLIR, More
EPS Growth %: -6.3%
Financial Fact:
Gross profit: 337.26M
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
Lithia Motors (NYSE: LAD) reported Q2 EPS of $1.86, $0.23 better than the analyst estimate of $1.63. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.9 billion.
Second Quarter-over-Quarter Operating Highlights:
- Total same store sales increased 11%
- New vehicle same store sales increased 8%
- Used vehicle retail same store sales increased 16%
- Service, body and parts same store sales increased 10%
- Same store F&I per unit increased $78 to $1,280
- Adjusted SG&A expense as a percentage of gross profit was 66.6%
Lithia Motors sees Q3 2015 EPS of $1.83-$1.87, versus the consensus of $1.69.
Lithia Motors sees FY2015 EPS of $6.63-$6.72, versus the consensus of $6.39.
For earnings history and earnings-related data on Lithia Motors (LAD) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Spotify (SPOT) jumps 10% as Q1 revenue, gross margins beat Street's estimates
- Quest Diagnostics (DGX) Tops Q1 EPS by 18c, Beats on Revenue; Offers FY24 Guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Retail SalesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!